Herefordshire toll bridge business for sale

Mon, 03 Aug 2015 | BUSINESS SALE

An unusual business for sale opportunity has arisen in Herefordshire with the sale of the toll bridge at Whitney-on-Wye.

The bridge was built in 1797 and has been operating under an Act of Parliament that exempts the income made on the toll from tax. It is listed as for sale for £850,000 and includes around two acres of land as well as the bridge and associated business.

Grahame Penny and Maggie Taylor are the current owners but they are selling the business and their cottage after building up the business for three and a half years. They have said that their reason for selling is that they would like to take a holiday.

Ms Taylor commented: “We bought the business when it was struggling during the downturn and have been working 24/7 to build it back up.

“We regard ourselves as custodians of an ancient monument rather than owners, and have concentrated our efforts on the land around the toll bridge to create year-round support to keep the business going.”

She added that the pair have done “all the hard graft” developing the business and are ready to hand it over to a new owner.

The bridge is one of just eight privately-owned toll bridges in the country exempt from tax, making it an unusual and potentially very profitable business.


View other businesses for sale.


Share this article



Latest Businesses for Sale

Freight Brokerage Services
UK Wide

Works with a network of reliable hauliers to provide comprehensive and reliable logistics solutions on a national basis. Offers invited.

Asking Price: Offers Invited
Turnover: £420,000

RELOCATABLE


Food Manufacturer Specialising Flatbread Products
North of England, UK Wide

Has established a prominent position with clients in its industry due to its prestigious portfolio. Operates from two leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £671,000

LEASEHOLD


Haulage & Logistics Solutions
South East, UK

Utilises a reliable network of UK and European hauliers to provide tailored logistics solutions, operating 24/7. Offers invited.

Asking Price: Offers Invited
Turnover: £985,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
22
 
May
 

Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...

 
22
 
May
 

Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
23
 
May
 

Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...

 
22
 
May
 

Suppliers expected to follow British Steel into insolvency | ADMINISTRATION

News that British Steel is to be placed into the hands of ad...

 
22
 
May
 

Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources